Arctic Star Exploration (CVE:ADD) Trading Down 33.3% – Should You Sell?

Arctic Star Exploration Corp. (CVE:ADD) shares fell 33.3% on Tuesday . The company traded as low as C$0.01 and last traded at C$0.01. 166,000 shares changed hands during trading, a decline of 42% from the average session volume of 284,025 shares. The stock had previously closed at C$0.02.

Arctic Star Exploration Stock Down 33.3 %

The company has a quick ratio of 3.10, a current ratio of 0.32 and a debt-to-equity ratio of 4.52. The business has a 50-day simple moving average of C$0.01 and a 200-day simple moving average of C$0.02. The stock has a market cap of C$2.23 million, a P/E ratio of -1.50 and a beta of 1.56.

Arctic Star Exploration Company Profile

Arctic Star Exploration Corp., a junior natural resource company, acquires, explores, and develops mineral properties in Canada and Finland. It primarily explores for diamond. The company’s flagship project is the Diagras diamond project located in the north-eastern part of the prolific Lac de Gras kimberlite field.